New partnership for Gelato Club

Press Release

New partnership for Gelato Club,
Quadia, the Swiss impact investing company,

acquires a minority participation
.
The operation will boost Gelato Club's expansion strategy and internationalisation.

Affi, January 15, 2020

Gelato Club, the Italian innovative start-up in the dairy and gelato sector, enters in an important partnership with Quadia, the Swiss-based investment company, that has taken a minority participation in the capital increase, through its impact investing fund launched jointly with the Belgian Bank Degroof.

The contacts initiated between the two companies in 2019 led to the definition of a business plan for the development of “Business to Consumer” activities on international markets alongside with the finalisation of the conversion to certified organic of all the ingredients used in the Gelato Club products.

Quadia (quadia.ch), based in Geneva, is an active investor in over 40 companies, projects and funds in sustainable food, clean energy and circular products. Using a bottom-up approach, Quadia invests in transformative companies that are reinventing their sectors and driving the shift towards a regenerative economy. Gelato Club is the first project to be supported in Italy, for its alignment with Quadia’s mission and the potential to scale the impact generated throughout the value chain alongside the further development of the ethical business.

Guilhem Ricci, Investment Partner at Quadia, comments:

“Gelato Club represents a case for impact with its mission to provide high-quality local products using organic ingredients, promoting mountain-based agriculture, while innovative and energy efficient industrial processes enable it to develop high added value products. We look forward to further collaborating with Gelato Club based on our regenerative economy framework to fortify and extend local sourcing, accelerate the conversion to organic farming and productionand supporting the B-Corp certification process.”

Alessandro Nunziante, Gelato Club’s CEO, highlights his satisfaction in welcoming Quadia’s first investment in Italy.

“The partnership with Quadia will strengthen our company and will permit to Gelato Club to reach the B Corp Certification and the total organic transformation of our production. We aim to build a retail organisation that could highlight the local origin of our gelato main ingredients, milk and cream. It’s an ambitious project, that we hope to complete in planned times, because I’m sure it will have an important impact over the local economy in Valle Stura and Piedmont”.

Gelato Club (gelatoclub.com) was founded in 2015 with the mission to produce artisan quality Italian Gelato in an industrial and scalable way, with high quality ingredients, including milk from cows bred and fed in Piedmont, and transformation to total integration of organic ingredients in the entire production chain.

The milk and gelato produced by Gelato Club will be present at the next SIGEP exhibition in Rimini (January 18 -22, 2020), at Yspira booth (Hall. C5 - booth 151).
For more information, contact info@yspira.it

Founded in 2010, Quadia specialises in direct impact investments, through equity, debt and funds. In line with its mission «we finance the solutions for a regenerative economy», Quadia targets companies which have positioned their strategic development on products and service that contribute to a regenerative economy. These transformative companies operate in the areas of clean energy, sustainable food and circular products & materials. Since its creation, Quadia has financed over 40 companies, projects and investment funds for the equivalent of EUR 200 million.
Quadia is based in Geneva, Switzerland.
For more information, visit www.quadia.ch.